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Income Tax - Highlights / Catch Notes

Home Highlights June 2021 Year 2021 This

Addition as income from on money - Year of assessment - addition ...

Income Tax

June 14, 2021

Addition as income from on money - Year of assessment - addition based on seized material emanating out of the search - Since the nature and source of credit being on- money receipt received from sale of flats had been duly accepted by the ld.AO in the remand report, the same would construe only business receipt and not cash credit u/s.68 of the Act - AT

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